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! [ garth ] sven's small business earns 2% cash back on every purchase, every day! woo-hoo!!! so that's ten security gators, right? put them on my spark card! why settle for less? testing hot tar... great businesses deserve great rewards! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? here's your invoice. >>> >>> total outstanding student loan debt now around $1 trillion. new graduates are facing nearly $24,000 of debt on average. it is a problem not just for them but for all of us. cnbc's senior correspondent scott cohen joins me now. good evening. >> good evening, larry. it is a big problem. enough so now that lentders and credit rating agencies are starting to look at the potential impact on a whole generation of borrowers. the ones who are supposed to have spending power and the early signs aren't good. a new study from transunion. average debt more than $23,000. up 30% in the past five years. more than half of all student loans now in deferral including payments
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